Bankers and brokers believe that QDII3, a HKD100 billion investment scheme in Shenzen's Qianhai economic zone designed to allow offshore investment in Hong Kong, could take a long time before Beijing approves it.
Breaking News
China Cinda Asset Management Co. Ltd. is looking to raise USD2.45 billion in an initial public offering at the Hong Kong Stock Exchange. Cinda will sell 5.3 billion shares priced at HKD3.00 to HKD3.58 per share.
SZITIC Commercial Property Ltd had prepared plans to undertake an IPO in the Hong Kong bourse worth around USD1 billion.
NQ Mobile Inc of China aimed to hire US tech talents through a corporate structure that includes two CEOs in two separate headquarters.
Chinese organizations accused Apple Inc's supplier Foxconn and Taiwanese supplier UniMicron Technology Corp of environmental violations.
A man bound on a wheelchair ignited a bomb tonight at China's busy Beijing International Airport.
Participants of the G20 summit held recently in Moscow expressed concerns regarding US Fed, China, and Japan.
Beijing Enterprises Water Group Ltd. would purchase Standard Water Ltd.'s two project units for CNY1.35 billion as it expands further in China.
Two brokerages were sanctioned after having been found out of helping fraudulent IPOs.
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